Illinois Municipal Retirement Fund
Recent News About Illinois Municipal Retirement Fund
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City of Sycamore City Council met Nov. 15
City of Sycamore City Council met Monday, Nov. 15.
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City of Sycamore City Council met Jan. 3
City of Sycamore City Council met Monday, Jan. 3.
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Analysis: Illinois Municipal Retirement Fund would go bankrupt in 10 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Illinois Municipal Retirement Fund would have lost $3,767,711,758 in 2018, according to a DeKalb Times analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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ILLINOIS MUNICIPAL RETIREMENT FUND: IMRF investments made 19.76% in 2019
This strong return will help lower employer contribution rates and save money for local taxpayers in future years.